Land Use - Transit-Oriented Development - Alterations (Maryland Transit and Housing Opportunity Act)
What changed between versions
Added a new provision to automatically designate specific transit-oriented developments as enterprise zones without a separate application, provided they meet service frequency requirements.
Mandated that the Maryland Economic Development Corporation prioritize redevelopment projects in designated enterprise zones when issuing Strategic Infrastructure Revolving Loan Program loans.
Delayed the collection of certain development excise taxes and impact fees for specific residential real estate projects, subject to exceptions.
Established project labor agreements as a scoring preference for projects financed by the Transit-Oriented Development Capital Grant and Revolving Loan Fund.
Updated the bill header to reflect its status as an Enrolled Bill and added the Finance and Education committee to the list of sponsors.